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Japanese and Australian markets mostly rise following choppy trade on Wall Street; most Asian markets closed for holiday

2025-05-01 09:51:13       source:CNBC

April 30, 2025


Japanese and Australian markets rose in choppy trade Thursday after swings on Wall Street overnight, as data pointing to a contraction in the U.S. economy in the first quarter heightened investors’ fears of a looming recession.


Several Asia-Pacific markets, including South Korea, Hong Kong, China and India were closed for the Labor Day holiday.


Japan’s benchmark Nikkei 225 increased by 0.34% in choppy trade while the broader Topix index was flat.


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https://www.cnbc.com/2025/05/01/asia-markets-live-updates-japanese-and-australian-stocks-set-for-muted-start.html